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Business Checking Accounts
Rates Effective: October 8, 2008
Account Type
|
|
Minimum Deposit to Open Account
|
Minimum Balance to Obtain APY*
|
Annual Percentage Yield**
|
Interest Rate
|
| NOW Checking |
Variable
|
$300.00
|
$10.00
|
0.50%
|
0.500%
|
| Commercial Checking |
|
$100.00
|
N/A
|
N/A
|
N/A
|
Commercial Checking
|
Non-interest bearing
Monthly imaged statements
Minimum balance to open $100
Monthly maintenance fee $10
80 items free, then $0.17 per item
Available for Corporations, Partnerships and Unincorporated Businesses
|
Now Checking
|
- Minimum balance to avoid check writing and monthly service charge $300
- Interest continuously compounded and credited monthly
- Monthly imaged statements
- Available for Sole Proprietor and Non-Profits
|
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